MRG Document Technologies, Dallas, has announced a partnership with ProLender Solutions Inc., a San Diego-based software provider to the mortgage industry, aimed at streamlining the loan closing process.The alliance links ProLender, ProLender's loan origination system, with MRG's Miracle DocPrep platform and fully automates the ordering of loan closing documents, according to MRG. "The interface developed by ProLender is a comprehensive 'push-button' system that compiles loan data and directly links to the MRG server, which yields a faster closing process," MRG said. The companies can be found online at http://www.mrgdocs.com and http://www.prolender.com.
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Americans who qualify for a mortgage with Better will be able to use Bitcoin or USDC as collateral to fund their down payment through a private loan.
9h ago -
Full documentation was only applied to 2.6% of the underlying pool of mortgages. Debt-to-income, however, was 23.3% when it was applied.
10h ago -
Layoffs stretch across the organization, including members of Summit's c-suite and its general counsel, the company said in a notice to California officials.
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New questions about Fannie Mae and Freddie Mac's guarantee by experts who saw conservatorship start points to tensions in a stalled secondary offering.
March 26 -
The 30-year fixed mortgage has increased by 40 basis points since February, while the 15-year is 14 basis points lower than a year ago, Freddie Mac reported.
March 26 -
Affordability improved in February as rates dipped below 6%, but March's climb to 6.43% signals tougher months ahead. Lenders should act now on pockets of opportunity before rising rates erode recent gains.
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